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apply to those running for office now, including mitt romney and president obama? >> yeah, absolutely. i think it gives a forum for our generation really to get involved politically to build that movement. as cory mentioned earlier, look, you don't have to run for office to effect change in our country. some of the people who affected the civil rights movement, for example, never held elected office. you look at people who were advocates for women's suffrage or a women's right to vote, they were never elected to office. i think it's instilling that motivation in young people, look, this is your opportunity in your forum. you don't have to have a lot of money. you don't have to be famous to build a movement behind an issue you think is important. and waywire is that platform to allow them to do it. this election obviously will be impacted by the young people who show up or don't show up in an election. but i think what's important is you've got to get more people involved in the process and educated. and the other thing that waywire is a much more serious social vid
apply to those running for office now, including mitt romney and president obama? >> yeah, absolutely. i think it gives a forum for our generation really to get involved politically to build that movement. as cory mentioned earlier, look, you don't have to run for office to effect change in our country. some of the people who affected the civil rights movement, for example, never held elected office. you look at people who were advocates for women's suffrage or a women's right to vote,...
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yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can raise rates now and maybe lower them later next year so republicans are now saying we can raise rates now. maybe we'll lower them later and we'll talk about it during the debt ceiling. now he's saying no, we're not going to talk about it then either. when would we have this debate when we were renaming post offices in july? can you clarify something for people that are watching? republicans are talking about raising taxes on the rich. and john boehner said that yesterday. we're talking about raising taxes on the rich. we're just not talking about raising the top marginal rate, right? i mean, both sides a
yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we...
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Sep 5, 2012
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years, the average student loan is $25,000, much more than when the obamas were in love and in debt. these are the stubborn facts that we have to address before the end of the convention. >> one of the issues that i'm most concerned about, and that's debt. >> you're going to be going on a $10 million a minute bus tour i believe starting september 7 and you tweeted that you hope president obama goes there on simpson bowls, what would you like him to say? >> i think he needs to do something bold, george w. bush 43 was a disaster on fiscal issues and frankly it hasn't improved since then. he created simpson bowles. >> the president can't point at george w. bush anymore, can he? he owns this trillion dollar deficit. >> the truth is that george w. bush was the most fiscally irresponsibility president while he was in office, and it has not improved. we've got from $20.4 trillion in unfunded promises to $70.4 trillion. we have gone down again in competitiveness. there's only one country in the world that eethat's worse off a is greece. which every candidate, president obama or mitt romney t
years, the average student loan is $25,000, much more than when the obamas were in love and in debt. these are the stubborn facts that we have to address before the end of the convention. >> one of the issues that i'm most concerned about, and that's debt. >> you're going to be going on a $10 million a minute bus tour i believe starting september 7 and you tweeted that you hope president obama goes there on simpson bowls, what would you like him to say? >> i think he needs to...
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." >> that's a guy giving $1 million to barack obama. >> let's let the viewer decide on president obama and mitt romney got into it on a number of issues. taxes, debt and what's best for the middle class. take a look. >> this is where there's a difference because governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut, that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. that's $8 trillion. how we pay for that, reduce the deficit and make the investments that we need to make without dumping those costs onto middle-class americans i think is one of the central questions of this campaign. >> under the president's policies, middle-income americans have been buried. they've just been crushed. middle-income americans have seen their income come down by $4,300. this is a tax in and of itself. i'll call it the economy tax. it's been crushing. at the same time, gasoline prices have doubled under the president. electric rates are up. food prices are up. health care costs hav
." >> that's a guy giving $1 million to barack obama. >> let's let the viewer decide on president obama and mitt romney got into it on a number of issues. taxes, debt and what's best for the middle class. take a look. >> this is where there's a difference because governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut, that's another trillion dollars and $2 trillion in additional military spending that the...
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the only thing moving forward under barack obama is our national debt. up $5 trillion. four years of obama moving america backward. >> what do you think, mike? >> well, so the obama campaign stole msnbc's slogan lean forward, trimmed it down to simply forward. and american cross road sis is trying to make that a kick me sign. they are going to use that as a frame both in written documents and in their videos. you know, american cross roads is the one group, perhaps even more than the romney campaign itself, that the obama campaign fears. at least $340 million in spending, and we're just starting to see a new chapter in the ad wars. the pro romney superpac up with a $400,000 buy. >> that's a good ad. >> mike, good ad? >> yeah. it's effective. >> that ad is better than the celebrity thing they did. the celebrity thing, i didn't think that was that impressive. this ad here touches -- if you can understand or you know someone or you are living or experiencing what one of those statistics they put up. >> it's just a tougher sell for this white house to say look at what would
the only thing moving forward under barack obama is our national debt. up $5 trillion. four years of obama moving america backward. >> what do you think, mike? >> well, so the obama campaign stole msnbc's slogan lean forward, trimmed it down to simply forward. and american cross road sis is trying to make that a kick me sign. they are going to use that as a frame both in written documents and in their videos. you know, american cross roads is the one group, perhaps even more than...
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we're not going to be able to pile up more national debt. these politicians from obama to mitt romney to rick santorum to newt gingrich are living in the past. we've run out of money. and are the international markets not going to start beating the hell out of us very soon if we don't clean up our act? >> if we don't do something about that and these plans do not indicate that we will and, frankly, neither has obama done very much of that, we are going to be italy in the next five years. you're going to have a collapse of confidence in the u.s. dollars. nobody knows when that collapse starts. it's something that is always intangible. something will trigger it and then we're going to be in a very deep problem. no matter who is the presiden i don't care who is the president, they're going to have to address it. otherwise, they're just living fantasies. >> and so i want to really quickly just so people know, people will debate these issues. this is really about math. it's simple math. so just at home, if you have a pencil, you can write this do
we're not going to be able to pile up more national debt. these politicians from obama to mitt romney to rick santorum to newt gingrich are living in the past. we've run out of money. and are the international markets not going to start beating the hell out of us very soon if we don't clean up our act? >> if we don't do something about that and these plans do not indicate that we will and, frankly, neither has obama done very much of that, we are going to be italy in the next five years....
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again where unemployment's over 8% and barack obama's added $5 trillion to the national debt. is this really how it's going to end up? it's very depressing for the party. >> you talk about how early it is. if mitt romney were to win every delegate from nevada on, he couldn't get to 1,144 before april 24th. it is nasty, joe, you saw what happened in florida. who in the republican party if this continues to be that blood bath is powerful enough to step in and say, guys, stop it, we have a general election to worry about? >> nobody. there is no republican establishment anymore. there is no democratic establishment anymore. we saw that four years ago when barack obama stepped in front of hillary clinton and bill clinton and got the nomination. so these establishment figures don't exist. they can walk out of the back room and say, guys, sit down, calm down, let's be peaceful. >> you wrote in colorful terms that newt gingrich is a survivor. i won't go into your quote, but can he go 46 more states? >> that depends on whether a certain guy in las vegas wants to keep writing checks. it
again where unemployment's over 8% and barack obama's added $5 trillion to the national debt. is this really how it's going to end up? it's very depressing for the party. >> you talk about how early it is. if mitt romney were to win every delegate from nevada on, he couldn't get to 1,144 before april 24th. it is nasty, joe, you saw what happened in florida. who in the republican party if this continues to be that blood bath is powerful enough to step in and say, guys, stop it, we have a...
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government conservative would like. >> here's mitt romney yesterday. >> when you look at all of the debt in the country, why, it's about the size of our entire economy. this puts us on a path to become like europe. what's happening over there is that people have spent more than they have taken in year after year after year, borrowed more and more money, made promises they couldn't fulfill and finally, something which had to end, did end. and what happened there was that the government had to pull back with severe austerity programs and people in government and the private sector lost their jobs, 25% unemployment rate, 25%. in spain. think of that. these are the kinds of circumstances that are going to arrive here if we stay on the path we're on. >> willie -- >> good he's concerned. >> i agree with him 100%. i believe barack obama's vision of an economy does lean, has european flair to it, i believe that. so, romney's got it and said it well. what are you going to do differently? how are you going to balance the budget before 2040? i -- and there is no answer. he has given no answer. >> h
government conservative would like. >> here's mitt romney yesterday. >> when you look at all of the debt in the country, why, it's about the size of our entire economy. this puts us on a path to become like europe. what's happening over there is that people have spent more than they have taken in year after year after year, borrowed more and more money, made promises they couldn't fulfill and finally, something which had to end, did end. and what happened there was that the...
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we've got to pay down this debt or we're going to collapse. and then obama could just sit back and watch mitt romney debate himself. >> i think simpson bowles would be good for the country. but when it went up for the vote, it was defeated 382-38. i think that's part of president obama's argument. i walk out there, and it will get shut down. >> but if it the president is not behind it, that's going to happen. if the president goes and leads, we're talking about leadership of the president. >> governor rendell, jump in. >> willie, that point is -- the point that joe made, the president not being behind it, is so right. the legislature would never vote for something that they knew i wasn't supporting, because they didn't want to risk the vote, take a courageous stand, if they knew that i would be against it and they would be left hanging with the courageous stand. if the president said he was for simpson bowles, i believe you'd get enough democrats and republicans to pass it. >> so you think that democrats would suddenly vote for big cuts to med
we've got to pay down this debt or we're going to collapse. and then obama could just sit back and watch mitt romney debate himself. >> i think simpson bowles would be good for the country. but when it went up for the vote, it was defeated 382-38. i think that's part of president obama's argument. i walk out there, and it will get shut down. >> but if it the president is not behind it, that's going to happen. if the president goes and leads, we're talking about leadership of the...
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so my warning last week was to the obama administration. this week it is to the republicans. and the republicans in the ho e house, they need to be very careful about how they push forward on this issue because if it stops being about freedom of religion -- >> right. >> and starts being about contraception, then republicans will get routed in swing areas like as i always say the i-4 corridor, bucks county, pennsylvania, the suburbs of pennsylvania. you -- >> would you agree with that? because it seemed pretty black and white to you. >> let me ask you a question, do you believe that at this point of this struggle, the white house and the national abortion action rights league and planned parenthood have decided that mischievously and for political gain they will put this whole issue forward as simply a disagreement on contraception. the catholic church is trying to take your contraception away from you, those bad men are trying to mess up with your contraception. now, that is not what this issue is about. it is not what the struggle aha been about. i think you are suggesting,
so my warning last week was to the obama administration. this week it is to the republicans. and the republicans in the ho e house, they need to be very careful about how they push forward on this issue because if it stops being about freedom of religion -- >> right. >> and starts being about contraception, then republicans will get routed in swing areas like as i always say the i-4 corridor, bucks county, pennsylvania, the suburbs of pennsylvania. you -- >> would you agree...
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barack obama has sunk $5 trillion -- sunk us $5 trillion deeper into debt. he's got the biggest stimulus plan ever. he's passed a couple of bailouts. he's passed a massive health care -- i mean, he has done all of these things, and yet unemployment's still over 8%. 2 out of 3 americans still believe we're going in the wrong direction. and our guy is still losing. th circumstances? it's maddening to conservatives. >> the president is and has always been for the last two years an unbeatable incumbent. and governor romney, he's been a bad candidate, and they've run a bad campaign. and yesterday, to me, put aside everything else we've talked about, you know, this is terrain on which governor romney cannot win. foreign policy is not -- the american people, right or wrong, have decided that barack obama is a strong leader, that he's conducted foreign policy well for the country. that's why the mccain campaign all along said they wanted to keep the focus on the economy. so apart from everything else, what is governor romney doing elevating the issue of foreign poli
barack obama has sunk $5 trillion -- sunk us $5 trillion deeper into debt. he's got the biggest stimulus plan ever. he's passed a couple of bailouts. he's passed a massive health care -- i mean, he has done all of these things, and yet unemployment's still over 8%. 2 out of 3 americans still believe we're going in the wrong direction. and our guy is still losing. th circumstances? it's maddening to conservatives. >> the president is and has always been for the last two years an unbeatable...
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and if obama does win, he is going to have a big debt to bill clinton. he reframed it in a way that the president hasn't been able to do. >> in 2015 when he starts campaigning for hillary. >>> up next, growing tension between the white house and israel. can the president repair relations with prime minister netanyahu? we'll bring in the deputy speaker of the israeli knesset. and andrea mitchell rejoins the conversation. more "morning joe" in a moment. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need i
and if obama does win, he is going to have a big debt to bill clinton. he reframed it in a way that the president hasn't been able to do. >> in 2015 when he starts campaigning for hillary. >>> up next, growing tension between the white house and israel. can the president repair relations with prime minister netanyahu? we'll bring in the deputy speaker of the israeli knesset. and andrea mitchell rejoins the conversation. more "morning joe" in a moment. with the fidelity...
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but barack obama can't go back four years later after running trillion dollar debts and keep pointing the finger at george w. bush. he can. i just don't think they're going to be many independent voters that say okay, you have four years and it's the guy who's been down in the dallas suburbs' fault, four years later. >> you talk to people who do focus groups this cycle and independent voters don't like that. they've moved on from that and their little trick play, the bank shot, to say what mitt romney will do is bring you back to what george bush did. that's what bill clinton has been talking about and suspect he'll talk about next week. what governor romney has to do is to kind of make people think new about him. the stuff willie talked about. a lot of people in the press and some democrats will say, now he's talking about bain, now massachusetts. i think most voters won't care. that will be new information to them. >> guess what? preseason is over. >> right. >> this week, regular season starts. you run your real plays, the best stuff you have and be part of what they do this week to
but barack obama can't go back four years later after running trillion dollar debts and keep pointing the finger at george w. bush. he can. i just don't think they're going to be many independent voters that say okay, you have four years and it's the guy who's been down in the dallas suburbs' fault, four years later. >> you talk to people who do focus groups this cycle and independent voters don't like that. they've moved on from that and their little trick play, the bank shot, to say...
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to pay some share and some part to help reduce the debt. walker got lucky last night that things worked in his favor, but the real message is about party this morning in particular to the white house as they look at their campaign message. just organizing alone is not going to do it. it will take a more compelling message where the president wants to take the country in the next four years. >> mike allen, i'll draw from that because you can say it's just the money or just whatever. mike allen, what is the message there that carried him through? >> the voters sent a clear message and the morning joe table put its fingers a week ago. this is something the left union should never have picked. it was including a win for the republicans and used this as a dry run in the presidential race. it goes up with a quote this morning from the legendary packers coach lombardi, quoting lombardi as saying show me a good loser and i'll show you a loser. so democrats should admit that this was a big loss and gives republicans an opportunity in wes wiss. i thi
to pay some share and some part to help reduce the debt. walker got lucky last night that things worked in his favor, but the real message is about party this morning in particular to the white house as they look at their campaign message. just organizing alone is not going to do it. it will take a more compelling message where the president wants to take the country in the next four years. >> mike allen, i'll draw from that because you can say it's just the money or just whatever. mike...
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over the nation's debt limit. over lunch at the white house yesterday, the president tried to make his case for what he called a balanced approach to dealing with the deaf fit. here's white house press secretary jay carney. >> the president also made clear that he refuses to allow a replay of last summer's self-inflicted political crisis that eroded confidence and hurt the american economy. we're not going to recreate the debt ceiling debacle of last august. it is simply not acceptable to hold the american and global economy hostage to one party's political ideology. >> what i'm trying to do is encourage people on both sides of the aisle, on both sides of the capitol and on both ends of pennsylvania avenue to be honest with the american people and to be honest with ourselves, to begin to tackle this problem in an adult-like fashion. >> you know, so they have a meeting. the president invites everybody down to the white house. they have a meeting. and they immediately use everybody that they bring down as props. the
over the nation's debt limit. over lunch at the white house yesterday, the president tried to make his case for what he called a balanced approach to dealing with the deaf fit. here's white house press secretary jay carney. >> the president also made clear that he refuses to allow a replay of last summer's self-inflicted political crisis that eroded confidence and hurt the american economy. we're not going to recreate the debt ceiling debacle of last august. it is simply not acceptable to...
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, getting one of his biggest applause lines on the issue of debt. >> the romney plan fails the first test of fiscal responsibility. the numbers just don't add up. i mean, consider this, what would you do if you had this problem, somebody says we got a big debt problem, we have to reduce the debt. what's the first thing he says we're going to do. to reduce the debt we'll have another $5 trillion in tax cuts. heavily weighted to upper income people. so we'll make the debt hole bigger before we start to get out of it. now, when you say what are you going to do about this $5 trillion, you just added on, they say we'll make it up, by eliminating loopholes in the tax code. so then you ask, well, which loopholes and how much? you know what they say? see me about that after the election. now people ask me all the time, how we got four surplus budgets in a row? what new ideas did we bring to washington. i always give a one word answer. arithmetic. >> so, lawrence, i'm glad you're here, because here we have bill clinton, the centrist democrat, the, you know, the pro business democrat, and i lo
, getting one of his biggest applause lines on the issue of debt. >> the romney plan fails the first test of fiscal responsibility. the numbers just don't add up. i mean, consider this, what would you do if you had this problem, somebody says we got a big debt problem, we have to reduce the debt. what's the first thing he says we're going to do. to reduce the debt we'll have another $5 trillion in tax cuts. heavily weighted to upper income people. so we'll make the debt hole bigger before...
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i think we should say, you know, i'm completely in agreement that the obama administration should have done much more on simpson bowles and have argued this many times. but at this point, they do have this plan out there this is a short-term stimulus and the american jobs act married to a variety now of longer term deficit reduction plans they have put out that are a lot closer to simpson bowles than the republicans put forth. it doesn't go all the way. it doesn't perfect. but they argue at this point, and they are right, they have been browbeaten into putting this forward and congress simply isn't moving on it. when simpson bowles came onto the house floor, it was defeated 338 to a couple of votes. >> miles? >> well, simpson bowls wasn't even dealt with. the president just ignored it. not making a decision is making a decision. to decide to not do anything is actually to make a decision. i think in the minds of most business leaders, more important than who is the next leader, it's how do you eliminate gridlock. if you can't eliminate gridlock, then ultimately the leadership issue is
i think we should say, you know, i'm completely in agreement that the obama administration should have done much more on simpson bowles and have argued this many times. but at this point, they do have this plan out there this is a short-term stimulus and the american jobs act married to a variety now of longer term deficit reduction plans they have put out that are a lot closer to simpson bowles than the republicans put forth. it doesn't go all the way. it doesn't perfect. but they argue at...
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but does obama have it in him? this is the kind of tactic lyndon johnson would have employed with relish. you can imagine bill clinton pulling it off. president obama whether out of diffy dense or inexperience has not shown a comparable audacity or mastery of political leverage. here's his chance to show us what we can expect if he's re-elected, fruitful leadership or another four years of gridlock. anyone want to jump in? >> i applaud anyone who has a platform to get the country engaged. >> what's wrong with it? >> >> it would put the country into recession. i don't know the president will get mileage saying if you don't give me what i want i'll put the country in recession. >> someone give me a better tactic, given the fact that nothing is happening and nothing can happen. >> first of all, we're in an unusual period where something has to happen. these all expire. it's not a situation where it's to say we'll do nothing, life will go on it is. life will not go on as it is if something doesn't happen. i understand,
but does obama have it in him? this is the kind of tactic lyndon johnson would have employed with relish. you can imagine bill clinton pulling it off. president obama whether out of diffy dense or inexperience has not shown a comparable audacity or mastery of political leverage. here's his chance to show us what we can expect if he's re-elected, fruitful leadership or another four years of gridlock. anyone want to jump in? >> i applaud anyone who has a platform to get the country engaged....
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president obama's plan, spend more. he's added $4 billion in debt every day. the economy slowing, but our debt keeps growing. tell him for real job growth cut the debt. >> 43 past the hour. live look at the white house. welcome back to "morning joe." according to a report, that ad from crossroads gps, the group founded by karl rove, played more than 6,000 times over six-day days in battleground states. here with us now, chief washington correspondent of cnbc and political writer john harwood featured in the ad without his permission. you have a response to being featured in the ad. you write more and more this election year campaign ads include footage from el it vision news program further blurring the fading lines between separating modern journalism and politics. the trend bothers practicers of. i thought you were particularly foe genic that day, said carl wroev. that was not the reason cross roads used footage. they wanted to borrow a bit of credibility from the mainstream media they choose at other moments to bash as biased. our own credibility is hardly
president obama's plan, spend more. he's added $4 billion in debt every day. the economy slowing, but our debt keeps growing. tell him for real job growth cut the debt. >> 43 past the hour. live look at the white house. welcome back to "morning joe." according to a report, that ad from crossroads gps, the group founded by karl rove, played more than 6,000 times over six-day days in battleground states. here with us now, chief washington correspondent of cnbc and political writer...
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>> how will he pass the massive obama tax cut without the house? >> i'm assuming they'd want to have a big tax cut, right? >> no. >> they would sit on their hands post-january 1st and say nothing? >> do you think republicans are so stupid in the house they don't see that move coming and say, you know what? you go ahead and you try to pass your tax cut through harry reid's senate, and we'll pass our tax cut through the house. and good luck. >> so they would just rather have everyone's tax -- i'm shock that that would be the end result. >> harry reid would rather have it his way or nobody's way? >> no, i'm saying you can negotiate in these flex three weeks about this package of tax cuts. >> i don't mean this to be directed towards you -- >> but here it comes. >> -- no, i'm just saying generally, there is such an arrogance in the media since the president won. they think that these house republicans are -- >> have nothing to say. >> -- have absolutely nothing to say. >> i do agree with that. or nothing of value. >> they act as if they were elected by
>> how will he pass the massive obama tax cut without the house? >> i'm assuming they'd want to have a big tax cut, right? >> no. >> they would sit on their hands post-january 1st and say nothing? >> do you think republicans are so stupid in the house they don't see that move coming and say, you know what? you go ahead and you try to pass your tax cut through harry reid's senate, and we'll pass our tax cut through the house. and good luck. >> so they would...
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the gop's willingness to reject stimulus, default on the debt, and sabotage the nation's credit rating, threats that shook financial markets often, and put the white house at the mercy of the opposition. and obama's second term, leverage will shift to the democrats on almost every issue of importance, and that shift has already begun. and we finally have something to disagree with here on "morning joe" this morning. first of all, we've got a comment on this exceedingly grim cover story. tell me, is there also something in here where you guys say that we're going to overturn the 22nd amendment and allow the president to serve late into his 90s, josh? >> no, i think our art director is anticipating a really rocky four years for president obama. that's how he's going to look. >> look at this. this looks like a rocky 40 years for this guy. >> he's like 92 in that picture. what is that? >> do we have one for romney, as well? oh, my lord. >> the romney won looks like he's been sleeping in an alley for four years. >> holy cow. okay. well, so let's get to the substance. i'm just going to turn
the gop's willingness to reject stimulus, default on the debt, and sabotage the nation's credit rating, threats that shook financial markets often, and put the white house at the mercy of the opposition. and obama's second term, leverage will shift to the democrats on almost every issue of importance, and that shift has already begun. and we finally have something to disagree with here on "morning joe" this morning. first of all, we've got a comment on this exceedingly grim cover...
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you have the obama stimulus tax cuts expiring. you've got a collection of the spending increases that were agreed last year coming into force. and you've also got -- sorry, spending cuts coming into force. and you've also got the debt ceiling in the sense that congress is going to have to get permission to issue more bonds. and those three things coming together create a very nasty shock. and essentially if you do nothing, if you let the spending cuts happen, if you have the tax cuts roll off and you have essentially tax increases, you'll get a hit that's worth 3% to 4% worth of gross domestic production, and that will almost certainly push the economy back into recession. so there's an awful lot at stake right now. what paul ryan said is very interesting because we had an editorial on monday from glenn hubbard, mitt romney's economic adviser, essentially saying that yes, we recognize we need to talk about tax increases for the rich. i mean, he actually stressed that that should be the starting point of a discussion. he didn't say
you have the obama stimulus tax cuts expiring. you've got a collection of the spending increases that were agreed last year coming into force. and you've also got -- sorry, spending cuts coming into force. and you've also got the debt ceiling in the sense that congress is going to have to get permission to issue more bonds. and those three things coming together create a very nasty shock. and essentially if you do nothing, if you let the spending cuts happen, if you have the tax cuts roll off...
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. >> we're $16 trillion in debt, the iranians are about to get a nuclear we, obama care is destroying the economy if you believe republicans, regulations are destroying the economy, and he's quoting words to "america the beautiful," and they're wondering why they're losing? >> well, they're changing that. and tomorrow at a business in tampa, he's giving a speech to prebut -- they tell us they know they didn't respond hard enough when his last surge fizzled saying they're going to hit back hard this time. the formula in the debate starting tonight on nbc. hit back pivot to obama. that's the gingrich formula. >> morning, sunshine. >> bye. >> mitch daniels will rebut, a lot of guys wish would get into the race. >> be quiet. >> what? >> no, just be quiet. >>> giants and 9ers in the bay area and then the patriots getting it done with a little help from the ravens' kicker. >>> plus, what a way for china to mark the year of the dragon, have warren buffett rock out on his ukulele. ♪ i've been working on the railroad ♪ [ lane ] is your anti-wrinkle cream gone... but not your wrinkles? neut
. >> we're $16 trillion in debt, the iranians are about to get a nuclear we, obama care is destroying the economy if you believe republicans, regulations are destroying the economy, and he's quoting words to "america the beautiful," and they're wondering why they're losing? >> well, they're changing that. and tomorrow at a business in tampa, he's giving a speech to prebut -- they tell us they know they didn't respond hard enough when his last surge fizzled saying they're...
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president obama's plan, spend more. he's added $4 billion in debt every day. the economy's slowing, but our debt keeps growing. tell him for real job growth, cut the debt. support the new majority agenda. >> why did politico focus on this particular crossroads ad? >> we're talking about this. this is telling how both the romney campaign and the republican outside groups will be going after obama. you have the soft, the female nare raytive and the title of the ad, tried. the script is more sorrow than in anger. focus groups show people don't like you to attack -- attack obama frontally and you even hear this from the campaign. >> it's more like your parents would say, i'm not angry with you, i'm disappointed. >> right. >> so romney says -- >> tried. poor guy. >> he's a nice guy, just not up to the job. >> yeah. >> that's so soft. independents love that kind of -- >> not up to -- as we talked to, not up to his job. but that -- all the legs were pulled out from under that argument by the supreme court. that's why the health care decision was so big. >> so importa
president obama's plan, spend more. he's added $4 billion in debt every day. the economy's slowing, but our debt keeps growing. tell him for real job growth, cut the debt. support the new majority agenda. >> why did politico focus on this particular crossroads ad? >> we're talking about this. this is telling how both the romney campaign and the republican outside groups will be going after obama. you have the soft, the female nare raytive and the title of the ad, tried. the script...
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senate. >> that was president obama and house speaker john boehner at the height of the debt-limit crisis last summer. and bob woodward has more behind-the-scenes details on that political chess match in his latest book, "the price of politics." and in it he writes, in part, the debt limit crisis was a time of peril for the united states, its economy and its place in the global financial order. when you examine the record in depth, you cannot help but conclude that neither president obama nor speaker boehner handled it particularly well. despite their evolving relationship, neither was able to transcend their fixed partisan convictions and dogmas, rather than fixing the problem, they postponed it. bob, did one perhaps share more of the blame than the other, or do you say both brought the situation to the bottom? >> well, both did, but the president is the leader, and we turn to presidents. they discuss in the white house if the economy tanks, in the history books it is that this happened in the obama presidency, not the speakership of john boehner. so this is a question in the end about p
senate. >> that was president obama and house speaker john boehner at the height of the debt-limit crisis last summer. and bob woodward has more behind-the-scenes details on that political chess match in his latest book, "the price of politics." and in it he writes, in part, the debt limit crisis was a time of peril for the united states, its economy and its place in the global financial order. when you examine the record in depth, you cannot help but conclude that neither...
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couldn't boehner have made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been taken down. it was a 50/50 proposition. >> all right. matt lewis, thank you so much. >> thank you, matt. >> fascinating. incredible read, "herding cats." >>> still ahead -- it's just cruel. i felt bat readid reading it. you know where i stand. >> cures cancer. >> let's see. >> okay. >>> coming up, we're going to bring in republican congressman tom cole who broke ranks with his party over the tax debate last week. can't wait to talk to him and get his insights. also, we'll be talking foreign policy with national security adviser dr. brzezinski. keep it right here on "morning joe." music is a universal language. but when
couldn't boehner have made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been...
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and you look at the numbers, and you start -- and when i started this project, looking at obama and the republicans trying to manage the economy and work some of these deals, i kind of thought, okay, this is important. and then when you get into the deta details, it, quite frankly, not to be overly alarmist, but it reminds me of the summer of 2001 when the cia director, george tenet, was running down to the white house saying bin laden's going to attack in the united states. >> okay. let's go ahead, mark. >> bob, let me ask you. you've spent a lot of time looking at this white house. let's just project forward and let's just say theoretically that president obama wins re-election. forecast the next six months after that from what you know of this administration and what might happen. >> well -- >> republican leadership that you're familiar with. >> obviously, you don't know, but he is tuned into his own ambivalences. and in the reporting on this, it's very clear he realizes we face a problem that is not going to go away, that he's got to address. and there are documents that are floatin
and you look at the numbers, and you start -- and when i started this project, looking at obama and the republicans trying to manage the economy and work some of these deals, i kind of thought, okay, this is important. and then when you get into the deta details, it, quite frankly, not to be overly alarmist, but it reminds me of the summer of 2001 when the cia director, george tenet, was running down to the white house saying bin laden's going to attack in the united states. >> okay....
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over the past four years under barack obama, we've added $5 trillion more. these numbers don't add up. >> but the depression will do that. >> when you lose $500 billion in tax revenues a year because of a depression, that's what happens. >> how does this relate to krugman? you can engage in long-term spending controls. you can undertake short-term stimulus stimulus and the economy can grow. that's where i disagree with mr. krugman. >> krugman says he is in favor of long-term deficit control. this is not the time to start cutting spending. so, you know, you could theoretically do some legislation now that involved additional spending for jobs with a longer window on when you would do some -- >> i didn't interpret it that way. >> i think people like krugman have to be deficit hawks in good times. >> and he is a deficit hawk in good times. >> you have to reform the tax code as well. >> we have to go. i've said it before and i'll say it again. hopefully the parties will get to this at some point. if we make the tough decisions in the long run, if we do what we h
over the past four years under barack obama, we've added $5 trillion more. these numbers don't add up. >> but the depression will do that. >> when you lose $500 billion in tax revenues a year because of a depression, that's what happens. >> how does this relate to krugman? you can engage in long-term spending controls. you can undertake short-term stimulus stimulus and the economy can grow. that's where i disagree with mr. krugman. >> krugman says he is in favor of...
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to the debt ceiling battles. the bureau chief will be here. also the editor of national memo joins the conversation. but first, bill karens with a look at the forecast. >> louisiana is not the place to be for beautiful weather. a lot of flooding and under a tornado watch. isolated tornados and the rhett box is the tornado watch that includes the baton rouge area. a lot of heavy rain is about to approach. give it another hour or so before the thunderstorms roll through. probably gusty winds and maybe a chance of isolated tornados. through arkansas they are under flash flood warnings. too much rain too fast. it's a great start to the day for a lot of coastal cities. even d.c. is in the fog. once that fog burns off, it will be warm with temperatures like yesterday in the mid 70s and maybe near 80. if you want to talk about the incredible warmth, go to chicago. you should be 86 degrees. this will be your seventh or eighth day in a row of record heat. the warmest mark all time ever recorded in chicago. that's the case
to the debt ceiling battles. the bureau chief will be here. also the editor of national memo joins the conversation. but first, bill karens with a look at the forecast. >> louisiana is not the place to be for beautiful weather. a lot of flooding and under a tornado watch. isolated tornados and the rhett box is the tornado watch that includes the baton rouge area. a lot of heavy rain is about to approach. give it another hour or so before the thunderstorms roll through. probably gusty...